We aim to dispatch all new orders within 2-4 working days - Click here for more information, Call us: 0121 634 8060, 7 days, 7am - 10pm. 941 5123 47. Derry, If you have any other items you think might be gold, then hopefully this article will help you further verify what you have. https://www.pcgs.com/news/counterfeit-pcgs-holders. It's also still inside its original Mint packaging. He told us that “people he knows brought it for him from the States”. Now either this is a variety coin the seller has, or is a fake. We only sell gold from 6. From established, credible dealers, you shouldn't ever need to test your coins. Feel free to keep in touch. Genuine 3-legged nickels … Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. Thought it was a counterfeit basically right away! It sold so fast who knows if they tried to do anything. ... HOW TO SPOT A FAKE 1 OZ GOLD BAR, what to look for - … Our GoldCoinBalance Guarantee has always stated that we would pay the spot gold price for any gold coin that passes all three tests of the GoldCoinBalance. The fact that the date and other devices are in relief instead of incuse makes me think it was never meant to be passed as a genuine example, like the coin I bought from this seller and posted in "coin chat". I am absolutely someone who can be contacted when issues like this arise. Although fake gold coins made from gold covered tungsten are able to pass the weight, diameter and thickness tests, they fail to pass the ping ringing sound test. I see no red flags on the seller either. Direct discreet delivery. He probably searched ebay on similar item prices and set his to be the lower. The .9999 gold buffalo coin is legal tender and has a face value of US$50. These metals can be formed into bars and still sustain their raw qualities. Bullion refers to the metals labeled as precious. Magnet test This is another very easy test you can carry out at home with minimal equipment needed. Also, notice the third feather on the Indian (how there is no detail to it at all), and look at the buffalo’s eyes & brow (how they look cartoonish). Look at the edge of the coin to see if the plating is visible where the rim meets the side; also look between the reeding. † Minimum order values apply: Refer to Delivery Options for more information. But maybe I’m mistaken. You can try this at home with any reasonably strong magnet. because i know you have a good amount of experience and are a sharp guy i will hold to 95% something is awry but 5% not. I’m still looking for guidance from pcgs @HeatherBoyd and @BrettPCGS to know where/who do I submit information about fake pcgs slabs? make it quite difficult to create imitations. Nor do I. We do not offer investment or tax advice and recommend that you conduct your own independent research before making any investment decisions. When inspecting gold and silver bars, rounds or coins, the first details you should examine are their markings. proof Gold Buffalo in original packaging, add it to your collection today. Thank you PCGS mod for intervening and sharing. Is the purity of precious metals important? Quick Links: . No doubt, collecting gold coins is what most numismatists dream of. Registered Office: Floor 16, Centre City Tower, 7 Hill Street, Birmingham, B5 4UA, Registered in England No. There are fake gold coins that can pass for genuine ones. If a gold item shows signs of tarnishing or discolouration it is likely to be fake or plated gold. A recent study of the 50 most commonly counterfeited U.S. coins by the Numismatic Guaranty Corp., an industry grading company, 43 are gold coins of different eras. . However, Silver bars were faked, filled with lead and coated with silver. American Buffalo Gold coin prices are based on the world’s fluctuating gold spot price. lol Regards. In the second generation from the year 2000 to about 2015 the bullion industry saw copper colored -tungsten fake gold coins such as the Krugerrand. Good thing the Ebay coin looked like a 5th grader engraved it. With gold being such a highly sought-after metal for much of human history, it is no surprise that unscrupulous people have long tried to find a way to produce a convincing fake. A worn regular 1937-D may cost a few bucks. Too squishy and odd looking for me. This 1 oz. like BullionByPost. Amazing! I feel fortunate that I have known and dealt with strong dealers, buying and selling, some on this forum. And from a 95% FB seller? If you have any scrap gold items you are unsure about, call us on LBMA That alone should have activated his alarm, because just the value of gold in the coin exceeds $2,000. Issued in one ounce, half-ounce, quarter-ounce and tenth-ounce sizes, gold eagles (or more accurately American Eagle Gold Coins) are 22 karat (.916 fine) coins struck at the West Point Mint and forged from gold mined in the United States. Coin dealers and skilled hobbyists regularly confront easy, clever and difficult to detect fake 3-legged Buffalo Nickels. Pay attention to price I did report this counterfeit item to Ebay. The .9999 gold buffalo coin is legal tender and has a face value of US$50. Although fake gold coins made from gold covered tungsten are able to pass the weight, diameter and thickness tests, they fail to pass the ping ringing sound test. While most counterfeit coins are easy to spot -- due to improper weight, color, even design details -- the truth is there are many good copies that have fooled some of the most seasoned coin collectors! We do not buy gold watches, gold dust or grain, plated gold, rolled gold, or filled gold. Fake first generation Gold and Silver coins were not very common up until the year 2000. ok. i've done all i think i can do. Struck at the Mint’s West Point, NY facility, these American gold buffalo coins are usually comprised of gold mined within the USA. Gold Buffalo coins are offered in a 1 oz gold coin size. Next to a real one this item screams fake! Gold coins are still being counterfeited, according to of industry studies. The cert # in the description does not match the one in the photo. Doesn't take much to make one that could look "believable" to the uninformed. Stock photo perhaps but if a seller is going to list a specific cert #, the photo should match. It looks like you're new here. Achetez sur notre site français en Euro (€), HIGH DEMAND: Every gold eagle bears a denomination expressed as weight in ounces. It could be a photography issue, but I'm leaning toward not legit. * Source: Experian Hitwise - UK Internet Visits (January 2019 - January 2020). Either way, a counterfeiter makes his money by taking less valuable material and turning it into something that appears more valuable. Counterfeit 2012 Gold Eagle $50 coins, for instance, exhibit recessed horizontal lines across Liberty’s legs, which is a telltale sign that the coin was struck with insufficient pressure. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. So what gave it away? I did report this counterfeit item to Ebay. If your gold passes all the tests below, it does not mean your piece is solid gold, it is only conclusive if it spots a fake. Such is the nature of discerning counterfeits that a few people on this thread suggested it was worth purchasing. Look at the edge of the coin to see if the plating is visible where the rim meets the side; also look between the reeding. Now either this is a variety coin the seller has, or is a fake. Buying from the mint is the only way I would spend the big $$$$ on an un-graded coins, that's just me. Detecting counterfeit coins or fake gold bars can be as easy as using a magnet or spotting obvious errors, but Chinese fakes are getting better as criminals based there acquire sophisticated equipment such as 3D scanners and CNC mills. . Never Buy Coins From Sellers Who Buy From Chinese Sources . Our GoldCoinBalance Guarantee has always stated that we would pay the spot gold price for any gold coin that passes all three tests of the GoldCoinBalance. anyone here wanna take a gamble? The thing that jumps out at me is that the date on the obverse “2011” and on the reverse the lettering “$50 1oz. Recommended Ebayer Similarly, plating a cheaper metal with gold is a simple way of reducing costs, and is often done honestly with clear markings to say so, but can be used in attempts to make fake gold items. Also, if the piece is discolored, or if your skin turns green when you’re … FIVE WAYS TO SPOT A FAKE COIN. The coin itself is not a very good copy. Quality is much higher than this Ebay fake. But odd that the buyers partial name does not show up on the page. 2011 W $50American Buffalo One Ounce Gold Proof Coin PCGS PR70DCAM 1oz .999 (#164298662035). Rolled gold, for example, uses a very thin layer of gold which is then heat-fused to either side of a base metal. Moral of the story, maintain your own due diligence. That's about to all change with paypal no longer protecting a buyer of bullion at the end of the month. Goldcoinbalance.com has discovered a fake Gold Eagle one ounce that passes the tests for weight, size and thickness. Not sure if it’s the thick black font on the label, or the strange strike on the coin itself. I only mention this coin because I can’t say I’ve ever seen a fake gold buffalo without the word COPY stamped somewhere on it. Most pieces of real gold, including coins, bars and jewelry, should have a stamp that shows the purity of the gold. it may just be the way the coin is imaged that is a bit curious, i cannot fault the coin/holder/info at this point. It was the first one ever struck using .9999 — that's four nines! The most common method of making a metal look like gold is to use gold itself. i do agree i've seen some crazy things come from various imaging angles/lighting etc. If you want to get involved, click one of these buttons! A good rule is to stay away from Internet offerings when the seller posts bad photos or photos taken at odd angles. properties of gold Gold Buffalo coins are offered in a 1 oz gold coin size. Just my opinion. i've done it with other coins, just not for this much when i feel this uncertain. We have just had a customer bring us a fake gold Mexican 50 peso coin for sale. No thank you. made me take my buffalo out Good eye guys! Done a lot of these type deals. Steve Feltner Where is PCGS at in order to get this coin removed from eBay and/or confiscated from the seller? Look at the braid on Indian, Real and fake are totally different! approved refiners. That, along with the questionable slab... well, like I said not one I will put money down on. There’s a dent/damage above the date, which shouldn’t be there for a 70 graded coin. Identifying a fake Krugerrand is not an impossible task, in fact most people can conduct some simple tests themselves and find the majority of fakes fairly quickly. Only foreign coins like the South African Kruggerand were 24-k gold bullion coins. The two-minute ad starts off with a neighborly male voice telling you: The original $50 Buffalo gold piece is America's purest gold coin ever. If a magnet is attracted to what you’ve been told is a gold bar or coin, then it’s not .999 fine gold (or 99.9-percent pure). HOW TO SPOT A FAKE 1 OZ GOLD BAR, what to look for - YouTube diameter, and thickness of your gold coins will allow you to easily identify a fake. i will probably run this last thing down and let it go. Sometimes just looking at the fields under 10x is enough to condemn the silver coin as a fake, because the fields may appear rough, or have small spots of copper or other non-silver impurities that show up when magnified. Next to a real one this item screams fake! Bullion is the metals of gold, silver, or platinum when in their raw forms. Fool’s Gold is much less dense than the real thing however, so this is a very easy way to check between the two. Fake gold may bear a karat mark, but will not have a manufacturer’s mark. The "rippled" fields on these proofs will give a different impression depending on the angle at which photographed. i've been playing with the pcgs barcode app and while the cert does pull up the correct coin/info, with no image, i can't get the barcode to scan (although i see the seller uploaded an image of it). I believe the angle of the pic on the OP's coin is somewhat distorting the boldness of the font and distorting the view of the coin itself. Its design was based on the famous Buffalo nickel of 1913 to 1938. So far, so good. If I did have concerns I would request a pic of the coin head on. The resulting coin has a polished, mirror-like background that provides a beautiful and classic shimmer. https://ebay.com/itm/2017-24K-Gold-Plated-50-AMERICAN-GOLD-BUFFALO-Indian-Head-TRIBUTE-Coin-NEW/312088203985?_trkparms=aid%3D555018%26algo%3DPL.SIM%26ao%3D2%26asc%3D20160908110712%26meid%3D8a3f5533fd2c43ae891ee3dd979dae28%26pid%3D100677%26rk%3D1%26rkt%3D30%26mehot%3Dpp%26sd%3D402281237710%26itm%3D312088203985%26pmt%3D1%26noa%3D0%26pg%3D2386202%26algv%3DSimplAMLv5PairwiseWeb&_trksid=p2386202.c100677.m4598. Unfortunately, counterfeiting is an issue that will not be going away any time soon and we are grateful for individuals who are on the lookout. The Buffalo looks poorly detailed, with a weak tail and midsection for one. Fortunately, there’s no metal that looks We have contacts with all of the major auction houses, eBay included, and have the ability to have auctions removed and coins flagged. If a magnet is attracted to what you’ve been told is a gold bar or coin, then it’s not .999 fine gold (or 99.9-percent pure). FishyOne Member. We were so confident in our product’s ability to spot the fakes we offered this guarantee. Better known as Iron Pyrite, this sulphide mineral is infamous for looking just close enough to gold to fool the untrained eye. Gold (.999 fine) is not magnetic. They have the thinnest layer of gold plating over a base metal. Is then heat-fused to either side of a magnifying glass, call us on 0121 634 8060 for information! Worn regular 1937-D may cost a few … gold (.999 fine ) is not frosted the real. Know the generations better investing in GoldRead investment guide, the most counterfeited key date identification guide focus. Are many counterfeit gold bullion coins forewarned that there are many counterfeit gold bullion coins at odd angles coin the... 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